INOVA

Headquarters

358 S ELKHART AVE
Elkhart, IN 46516
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 0.91% →
1-Year CD 0.30% 0.85% →
2-Year CD 0.60% 0.95% →
5-Year CD 0.80% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Inova is an NCUA insured institution located in Elkhart, IN. It was founded in 1942 and has approximately $503.17 millions in assets.

Membership:

You may join if you are an employee or member of one of our Select Employer Groups (SEGs). To see a complete list:

http://www.inovafcu.org/about-us/member-information/making-your-company-eligible.html

NCUA Insured Yes
Charter Number # # 4968
Date Established 1942
Assets $503.17 million
Loans $418.00 million
Deposits $436.26 million
Capital $37.76 million
 

Field of Membership Restrictions

Membership is open to anyone through joining the Elkhart River Restoration Association or Tru Direction. Membership is also open to employees of a member of the credit union's Select Employer Group or as a family member of an existing member. (membership requirements are listed in the credit union's online application)

Deposit Rates - November 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.01% $15 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.15% $200 - Learn More
6 Mo CD
0.20% $200 - Learn More
12 Mo CD
0.30% $200 - Learn More
18 Mo CD
0.50% $200 - Learn More
24 Mo CD
0.60% $200 - Learn More
30 Mo CD
0.65% $200 - Learn More
36 Mo CD
0.70% $200 - Learn More
48 Mo CD
0.75% $200 - Learn More
60 Mo CD
0.80% $200 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.01% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.07% $10 - Learn MoreShow Less

Loan Rates - November 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for INOVA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.560% 2.500% 0.75 $1,978 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.588% 2.500% 1.00 $2,902 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to INOVA
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Inova branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Inova Locations


Financial Details

Inova Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Inova. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Inova U.S. Average
19.75% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Inova had $7,926,248 in non-current loans and $407,838 in owned assets. To cover these potential losses it had $37,759,149 in net worth and $4,445,030 in loans loss reserves. That gives it a Texas Ratio of 19.75%.

Net Worth
Inova U.S. Average
7.5% 13.61%

Inova FCU has a net worth of 7.5% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Inova

Branches and Savings

What is Inova?

A federal credit union, registered with the NCUA under certificate #4968.
Learn more about credit unions here.

Is Inova FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Inova?

Please see Field of Membership information above for information on who is eligible to join.

What are Inova's share account and share certificate rates?

Inova's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Inova?

Inova has total capital of $37.76 million. Full information on Inova's financial position is located above.

Who owns Inova?

Credit Unions are owned by their members.

Where are Inova branches located?

See branch locations nearby.

Are Inova ATMs Open 24/7?

Do Inova ATMs accept cash deposits?

Can Inova customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Inova have a mobile app?

Does Inova have mobile deposit?

Does Inova have quick pay?

How can Inova transfer money to other banks or credit unions?

Does Inova report to credit bureaus?

Does Inova use Chexsystems?

Does Inova use Equifax?

What is Inova's toll free phone number?

What is Inova's ACH Routing Number?

What is Inova's SWIFT code?

Where can I find Inova's wire transfer form?

What is the Inova address for deposits?

What Products Does Inova Offer

Does Inova offer mortgages?

Compare mortgage rates here.

Does Inova offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Inova offer auto and RV loans?

Compare auto loan rates here.

Does Inova offer student loans or personal loans?

Compare personal loan rates here.

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